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News Trinidad Cement directors recommend shareholders reject Cemex offer for second time

Trinidad Cement directors recommend shareholders reject Cemex offer for second time

Written by Global Cement staff 23 January 2017
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Trinidad & Tobago: The directors of Trinidad Cement have once again advised shareholders to reject an offer by Cemex to buy the company. In a circular to shareholders the cement producer said that the amended offer made by Cemex in early January 2017 was still below the value its auditors had calculated. Cemex previously made an offer to Trinidad Cement in December 2016.

Published in Global Cement News
Tagged under
  • Trinidad & Tobago
  • Trinidad Cement
  • shareholders
  • Cemex
  • Sierra Trading
  • Bid
  • Takeover

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